Mingzhu TAI
Dr. Mingzhu TAI
Assistant Professor

3917 1676

KK 1115

Academic & Professional Qualification
  • Ph.D. in Business Economics, Harvard University
  • Master and Bachelor degrees in Finance, Tsinghua University

Mingzhu TAI joined HKU after receiving her Ph.D in Business Economics from Harvard University in 2017. Before that she received her Master and Bachelor degrees in Finance from Tsinghua University.

Mingzhu’s research interests mainly include consumer and household finance, financial intermediation and general corporate finance. She is currently working to understand the relationship between banks, real estate markets, financial regulations, and credit activities by consumers and businesses.

Research Interest
  • Consumer and household finance
  • Financial intermediation
  • Corporate finance
  • Behavioral finance
Selected Publications
  • “How Did Depositors Respond to COVID-19?”, with Ross Levine, Chen Lin, and Wensi Xie, The Review of Financial Studies, 2021, 34(11), 5438-5473.
  • “Paying for Beta: Leverage Demand and Asset Management Fees”, with Steffen Hitzemann and Stanislav Sokolinski, Journal of Financial Economics, 2022, 145(1), 105-128.
Recent Publications
Future Anxiety – How COVID-19 Led People to Save More Money

Take the recent study by Chen Lin and Mingzhu Tai from the HKU Business School, conducted with collaborators from the University of California, Berkeley and the Chinese University of Hong Kong. Their paper addressed a fundamental worry for almost everyone during the pandemic: Money. Specifically, they examined how people in the U.S. saved money in response to COVID-19.